Federal Reserve

Federal Reserve Chairwoman Janet Yellen returns to Capitol Hill Thursday for a second day of testimony on the economy, monetary policy and financial regulation, this time before the Senate Banking Committee.

U.S. stocks climbed in early trading Wednesday as investors weighed Federal Reserve chair Janet Yellen's remarks before Congress.

As Fed Chair Janet Yellen fielded questions from the House Financial Services Committee Wednesday on a range of complicated topics, from market valuation to regulatory relief to lending practices, the one question Ms. Yellen couldn’t answer was whether she would remain at her post as head of the Fed for another term.

As Fed Chair Janet Yellen fielded questions from the House Financial Services Committee Wednesday on a range of complicated topics, from market valuation to regulatory relief to lending practices, the one question Ms. Yellen couldn’t answer was whether she would remain at her post as head of the Fed for another term.

The Dow rose to a record high close while U.S.stocks kept their upward momentum Wednesday following Federal Reserve Chair Janet Yellen's congressional testimony to gradually raise interest rates.

Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year.

Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year.

Federal Reserve Chair Janet Yellen responded Wednesday to comments made this week by JPMorgan (NYSE:JPM) CEO Jamie Dimon on the risks of unwinding the Fed’s accommodative monetary policies.

Federal Reserve Chair Janet Yellen responded Wednesday to comments made this week by JPMorgan (NYSE:JPM) CEO Jamie Dimon on the risks of unwinding the Fed’s accommodative monetary policies.

The U.S. economy grew at a "slight to moderate" pace over the last several weeks across all regions of the country, with wage pressures reported for both low- and high-skilled jobs, the Federal Reserve reported in its latest compendium of regional economic activity.

The U.S. economy grew at a "slight to moderate" pace over the last several weeks across all regions of the country, with wage pressures reported for both low- and high-skilled jobs, the Federal Reserve reported in its latest compendium of regional economic activity.

The Fed's Beige Book said tourism and non-auto retail sales signal gains in consumer spending.

The Fed's Beige Book said tourism and non-auto retail sales signal gains in consumer spending.

CME Group CEO Terry Duffy explained why the Federal Reserve has caused “frustration” and “confusion” in the market place.

CME Group CEO Terry Duffy explained why the Federal Reserve has caused “frustration” and “confusion” in the market place.

The Fed Chair is talking about jobs, low inflation and the outlook for the U.S. economy.

Investors are closely watching Chairwoman Janet Yellen's testimony to Congress for any clues about the Fed's plans to shrink its balance sheet.

Federal Reserve Chairwoman Janet Yellen said the current pace of U.S. job growth is enough to expand the labor force.

Federal Reserve Chairwoman Janet Yellen said the current pace of U.S. job growth is enough to expand the labor force.

Asian shares were mostly lower Wednesday as investors eyed U.S. political risks and cues about the direction of monetary policy from the Federal Reserve chair.